401(k) · DOL Form 5500 · 2024

Blue Cross Blue Shield of Michigan 401(k) Plan

Data updated 2026-08-06

$118M
Total assets: 1,418
Participants: 92nd
Percentile by assets: $82,958
Avg per participant

Official DOL plan name: Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan · Sponsored by Blue Cross Blue Shield of Michigan · Michigan · Finance & Insurance

$118M in assets, 1,418 participants

Blue Cross Blue Shield of Michigan's Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan reported $118M in total assets and 1,418 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

92nd percentile by assets (of 116,472 plans)
#7,173 in Finance & Insurance (8,240 peers)

Coverage in Michigan

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan covers 1,418 participants in Michigan, 2.2x the typical Michigan plan (state average ~632 per filing). Assets: $118M.

$118M
total plan assets (2024 EOY): 1,418
covered participants: 92nd
percentile by assets (of 116,472 plans): $82,958
avg assets per participant

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan reported net income fell from $10M in the plan year 2023 filing to $8M in the plan year 2024 filing.
Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan end-of-year assets rose from $111M in the plan year 2023 filing to $118M in the plan year 2024 filing.
Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan reported participants rose from 1,352 in the plan year 2023 filing to 1,418 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Finance & Insurance

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan reports 1,418 participants - 2.2x that state average ($118M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$111M
Net Assets (End of Year)	$118M
Net Income	$8M
Employer EIN	382069753
Plan Effective Date	1985-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Michigan)

Total plan assets by year, all Blue Cross Blue Shield of Michigan plans on file

Year	Plans	Participants	Total Assets
2022	4	15,548	$2.7B
2023	4	15,287	$3.0B
2024	4	16,052	$3.2B

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497

Compare Blue Cross Blue Shield of Michigan Repre… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan by total assets, not by location.

Valley Children's Specialty Medical Group 401(k) Profit Sharing Plan (CA) $118M · 281
Income Research & Management Profit Sharing 401(k) Plan & Trust (MA) $118M · 219
Lesaffre International Corporation Retirement Savings Plan (WI) $118M · 589
Affiliated Managers Group, Inc. 401(k) Profit Sharing Plan (MA) $118M · 240

Frequently Asked Questions

How did Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan assets move in 2024? ▼

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan grew at a solid clip - up 6.4% during 2024, from $111M to $118M. Reported net income was $8M.

How have Blue Cross Blue Shield of Michigan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Blue Cross Blue Shield of Michigan's sponsor-wide assets grew 16.4%, from $2.7B to $3.2B.

Where does Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan rank by assets among Form 5500 filers? ▼

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan ranks in the 92nd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Valley Children's Specialty Medical Group 401(k) Profit Sharing Plan in CA ($118M, 281 participants).

Next read for Blue Cross Blue Shield of Michigan Repre…

Filing takeaways

Ways to act on Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan's numbers.

By total assets, Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
Blue Cross Blue Shield of Michigan's sponsor-wide assets have grown 16.4% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382069753.